| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2013-06-15 | 240,000 | L | 0 | 0 | 0 | |||
| BUILDINGS | 2013-06-15 | 960,000 | 232,913 | SL | 39.500000000000 | 24,304 | 0 | 24,304 | |
| ROOF | 2013-11-15 | 38,000 | 8,818 | SL | 39.500000000000 | 962 | 0 | 962 | |
| IMPROVEMENTS | 2014-05-15 | 51,810 | 11,370 | SL | 39.500000000000 | 1,312 | 0 | 1,312 | |
| IMPROVEMENTS | 2015-03-15 | 19,010 | 3,768 | SL | 39.500000000000 | 481 | 0 | 481 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENTS | FMV | 5,943,505 | 6,509,515 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND | 240,000 | 0 | 240,000 | |
| BUILDINGS | 960,000 | 257,217 | 702,783 | |
| ROOF | 38,000 | 9,780 | 28,220 | |
| IMPROVEMENTS | 51,810 | 12,682 | 39,128 | |
| IMPROVEMENTS | 19,010 | 4,249 | 14,761 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ATTORNEY FEES AND TAX PREPARATION | 28,975 | 14,487 | 14,488 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REPAIRS & MAINTENENCE | 121,808 | 0 | 0 | 121,808 |
| SECURITY | 1,454 | 0 | 0 | 1,454 |
| UTILITIES | 7,286 | 0 | 0 | 7,286 |
| BANK AND INVESTMENT MANAGEMENT FEES | 71,099 | 71,099 | 71,099 | 0 |
| INSURANCE | 48,427 | 0 | 0 | 48,427 |
| SUPPLIES | 10,723 | 0 | 0 | 10,723 |
| MISCELLANEOUS | 119 | 0 | 0 | 119 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER SERVICE PROVIDERS | 11,221 | 0 | 0 | 11,221 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 2,212 | 2,212 | 2,212 | 0 |
| FEDERAL TAX | 3,986 | 0 | 0 | 0 |
| REAL ESTATE TAX | 57,725 | 0 | 0 | 57,725 |